RBC Capital Downgrades United Rentals (URI) to Outperform
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Oppenheimer Cuts Price Target on United Rentals (URI) Following 2Q15 Results and Guidance
July 27, 2015 10:13 AM EDTOppenheimer maintained an Outperform rating on United Rentals (NYSE: URI), and cut the price target to $85.00 (from $105.00), following 2Q15 results and guidance. Analyst Scott Schneeberger said that URI reduced 2015 rental rate guidance from +3% to +0.5%.
Schneeberger commented, "Despite modifying estimates ahead of a foreshadowed challenging 2Q15, which... More
United Rentals (URI) Tops Q2 EPS by 21c; Trims FY15 Revenue Outlook, $1B Buyback Plan
July 22, 2015 4:11 PM EDTUnited Rentals (NYSE: URI) reported Q2 EPS of $1.95, $0.21 better than the analyst estimate of $1.74. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.45 billion.
United Rentals sees FY2015 revenue of $5.8-5.9 billion, versus prior guidance of $6.0-6.1 billion and the... More
